UK Stocks-Factors to watch on May 13

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 13
Credit: © Reuters.

May 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 22 points lower at 6,983 on Thursday, according to financial bookmakers.

* BP: A resolution from a climate activist group demanding BP BP.L set tougher emission reduction targets was supported by 20.6% of shareholder votes on Wednesday, pointing to growing investor pressure. HOUSE PRICES: A measure of British house price inflation hit its highest level in four decades in April as buyers raced to take advantage of an extended tax break just as sellers retreated from the market, a survey showed. GOLD: Gold edged up on hopes that the U.S. Federal Reserve would not raise interest rates anytime soon, although a jump in U.S. Treasury yields following a strong rise in April consumer prices capped gains. OIL: Oil prices fell as concerns about the coronavirus crisis in India, the world's third-biggest importer of crude, tempered a rally driven by IEA and OPEC predictions that demand is coming back strong. The UK blue-chip index .FTSE closed 0.8% higher on Wednesday, supported by positive earnings updates from companies including Diageo (LON: DGE ). UK CORPORATE DIARY:

BRBY.L Burberry

FY results BRW.L

Brewin Dolphin

HY results GRI.L

Grainger

HY results BEZG.L Beazly

Trading update HRGV.L Hargreaves Lansdown Trading update ELM.L

Elementis

Trading update GLO.L

ContourGlobal

Trading update CSPC.L Countryside

HY results

* For more on the factors affecting European stocks, please click on: LIVE/

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